The government continues to take measures to reduce the rate of unemployment in Brunei Darussalam to four per cent by the end of 2018 A number of initiatives were introduced in 2017 as the government of Brunei continues to proactively address the unemployment rates. These include JobCentre Brunei, the I-Ready apprenticeship programme as well as […] Read more
The global halal food industry is expected to be worth USD2.10 trillion by 2025 and Brunei Darussalam is looking to capitalise on this industry boom The global halal food industry is expected to be worth USD2.10 trillion by 2025 and a number of local companies, established and relative newcomers, have set up shop in Brunei […] Read more
The Ministry of Primary Resources and Tourism (MPRT), through the Department of Agriculture and Agrifood has taken steps to strengthen and enhance the profile of the agricultural industry and agrifood within five years with the preparation of the Department of Agriculture and Agrifood’s Strategic Plan 2016 – 2020. The plan will guide the Department of […] Read more
The ministry is aiming for a production capacity value of BND400 million by 2020, compared to only BND10 million in 2015. As for fish capture, BND112 million is targeted by 2020 compared to BND84 million in 2015. These aquaculture figures do not include KR Apollo Sdn Bhd’s vertical land-based, bio-secured and high-density aquaculture farming – […] Read more
Brunei has seen opportunities in more niche markets – pharmaceuticals and cosmetics in the halal sector. Muslimsaccountforclosetoaquarteroftheglobal population and have been major drivers of the halal pharmaceuticals and cosmetics market. Global pharmaceutical revenues are expected to be worth USD1.12 trillion by 2022 and USD445 billion for the cosmetics industry. The reason halal medicines and cosmetics […] Read more
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